USD/JPY's bounce this week shows the downside is quite limited

The thickening cloud, that currently spans 146.73-150.52 region, underpins

There is growing scope for a probe of the 151.75 Fibo

151.75 Fibo is a 38.2% retrace of the 156.76 to 148.65 (EBS) low

A break and close above 151.75 Fibo would unmask the kijun line

The kijun line is currently at 152.71

Be mindful, however, that fourteen-day momentum remains negative

We are looking to get long at 151.10. Trader TGM2336. Prev nL1N3N909Q